Description
Harbourfront heritage, creative opportunity, and stunning potential - right in the heart of Macandrew Bay.
495 Portobello Road is the kind of property that comes to market once in a generation. Home to the beloved Bellamys Gallery for over 30 years, this rare freehold site sits within the Macandrew Bay neighbourhood centre - just steps from the beach, café and bus stop.
Whether you're an artist, maker, small business owner, or visionary developer, this is your canvas.
For Sale by Tender - Prior Unconditional Offers Considered
Tender Closes: Thursday 30 April 2026 at 12pm (unless sold prior)
Property Features:
• Approx. 606sqm of freehold land
• Neighbourhood centre - Mixed Use zoning (under the 2GP DCC)
• Original 1921 commercial building (Bellamys Gallery)
• One-bedroom residential cottage attached at the rear
• Separate artist's studio at the back of the section
• Dual street access with Portobello Road Gallery frontage plus entry to the residential unit and the stand alone studio from Greenacres Street
Opportunities like this on the Otago Peninsula don't wait - and they rarely return.
If you would like an Information Memorandum, to arrange a viewing, or for any enquiries, please contact us today.
Cutlers Commercial Property Team:
Dan Hofmann | 021 0285 1003 | dan@cutlers.co.nz
Jacquie Sutton | 027 477 6072 | jacquie@cutlers.co.nz
All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested parties should rely on their own enquiries.
Licensed under the REAA 2008
